Lululemon reshuffles management by hiring Athleta CEO
LULU Lululemon Athletica Inc
$91.88 -1.85%
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- 1Lululemon has hired Athleta CEO Maggie Gauger as President and Chief Product Officer.
- 2Maggie Gauger will assume the role at the end of this month.
- 3Lululemon is restructuring its management following more than a year of poor performance.
So what's the key point?
Lululemon has brought in a top executive from Athleta as its new president. The company is changing its leadership to shift the atmosphere after experiencing weak performance.
Source CNBC · View original ↗
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